This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT

Nouns DAO volition donate 100 ETH ($123,000) to ZachXBT to money his investigative journalism, according to a Dec. 8 tweet.

Nouns volition donate 100 ETH ($123,000) to @zachxbt to money their investigative journalism.

Prop #177 from @noun40__ passed: 180 for, 20 against. pic.twitter.com/7PmlaD2rXE

— House of Nouns ⌐◨-◨ (@houseofnouns) December 8, 2022

According to the proposal, ZachXBT carries retired bully nationalist services done tireless probe that exposes crypto scams. It added that caller events successful the crypto abstraction had highlighted the value of the enactment being done by the on-chain sleuth.

The donation was projected by Bitwise’s cofounder and main method officer, Hong Kim (known arsenic Noun 40 connected Twitter), and was passed by an overwhelming majority.

Speaking connected the motive down the proposal, Noun 40 wrote:

“(Nouns DAO) should alternatively purpose to actively lend and beryllium a nett shaper of nationalist goods ourselves specified that our meme (brand) tin afloat seizure the provenance worth (claim connected originality of) the nationalist enactment and frankincense leverage the virtuous rhythm to bash much than what superior unsocial could person done.”

Meanwhile, ZachXBT has besides expressed his appreciation for the donation.

Previously, Nouns DAO donated 169 ETH to Gitcoin grants successful January and 500 ETH to Ethereum protocol improvement (via the Protocol Guild) successful July.

ZachXBT is an on-chain crypto researcher that has revealed respective scams successful the crypto space. His investigations person aided instrumentality enforcement agencies successful France successful identifying and arresting members of an NFT scam radical that stole $2.5 cardinal worthy of integer assets.

Nouns DAO is the main governing assemblage of the Nouns ecosystem. According to its website, Nouns effort to bootstrap identity, community, governance, and a treasury that the assemblage tin use. The ecosystem auctions 1 Noun NFT each 24 hours.

The station This DAO is donating 100ETH ($123k) to crypto sleuth ZachXBT appeared archetypal connected CryptoSlate.